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Pin to quick picks3i Infrastructure Share News (3IN)

Share Price Information for 3i Infrastructure (3IN)

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Share Price: 340.00
Bid: 339.00
Ask: 340.00
Change: -6.00 (-1.73%)
Spread: 1.00 (0.295%)
Open: 345.00
High: 346.00
Low: 338.00
Prev. Close: 346.00
3IN Live PriceLast checked at -
3i Infrastructure is an Investment Trust

To build a diversified portfolio of equity investments in entities owning infrastructure businesses and assets by seeking investment opportunities globally, but with a focus on Europe, North America and Asia.

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3i Infrastructure to put EUR 69m into French wind developer

Thu, 14th Jul 2016 08:47

(ShareCast News) - 3i Infrastructure announced on Thursday that it has signed an agreement to invest around €69m, subject to completion adjustments, in Valorem.The FTSE 250 firm described France-based Valorem as a leading independent renewable energy development and operating company.It said it will acquire a 28.5% interest in Valorem, and provide further capital to the company through a subordinated debt instrument with the remaining equity being retained by the existing management team, led by its founder Jean-Yves Grandidier, as well as minority shareholders.The target company is one of the largest wind developers in France, having developed over 480MW of capacity over the last 10 years.3i said the company benefits from a critical mass of operating assets and a strong pipeline of further projects at a well-advanced developmental stage.Valorem's operating assets generate predictable long-term cash flows, it said, with the current portfolio having a stable production track record and spread across France.The French wind sector remains attractive, 3i claimed, as it continues to benefit from significant growth, with the national plan forecasting total capacity of 19GW in 2020 and 26GW in 2023."We are pleased to be investing in Valorem, which fits our strategy of investing in low-risk energy platforms with strong growth potential backed by an experienced management team in order to achieve attractive returns for 3i Infrastructure's shareholders," said 3i Infrastructure chairman Richard Laing.Managing partners and co-heads of infrastructure at 3i Investments, Ben Loomes and Phil White, said in a joint statement that Valorem is well-positioned to benefit from the trend towards increased generation of renewable energy in France."We plan to support Valorem where we see attractive opportunities to build on this platform and we look forward to working with the management team to achieve this."We have been tracking this business and the French renewable energy sector for a number of years and this is a good example of our team securing an attractive investment on a bilateral basis, away from a competitive process," Loomes and White explained.Completion of the transaction is expected by early September.
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24 Jul 2023 09:10

3i Infrastructure sells stake in Attero in deal worth EUR215 million

(Alliance News) - 3i Infrastructure PLC on Monday said it plans to sell its 25% stake in Attero, in a deal worth EUR215 million.

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24 Jul 2023 08:48

LONDON MARKET OPEN: Lower start with eyes on trio of rate decisions

(Alliance News) - Stock prices in London opened largely lower on Monday as markets looked ahead to a week of interest decisions from three major central banks.

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24 Jul 2023 08:02

3i Infrastructure to sell Attero stake at a 31pc premium

(Sharecast News) - 3i Infrastructure announced its intention to sell its approximately 25% stake in Attero - a waste treatment and recycling company based in the Netherlands - to Ardian Infrastructure on Monday.

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24 Jul 2023 07:51

LONDON BRIEFING: Stocks to open lower; Vodafone quarterly revenue dips

(Alliance News) - Stocks in London are set to open lower on Monday, ahead of a busy week focused on key interest rate decisions from the three major central banks.

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21 Jul 2023 10:41

IN BRIEF: 3i Infrastructure makes Stephanie Hazell senior director

3i Infrastructure PLC - Jersey-based infrastructure investment trust - Promotes Stephanie Hazell to senior independent director, replacing Paul Masterton, who stepped down from the board on Thursday. Ian Lobley also departs as non-executive director on Thursday and is replaced by Jennifer Dunstan, representing investment manager 3i Investments PLC, part of 3i Group PLC. Dunstan joined 3i in 2005 and now leads the Fund Investor Relations team.

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6 Jul 2023 09:38

3i Infrastructure says portfolio companies perform strongly

(Alliance News) - 3i Infrastructure PLC on Thursday said it saw continued growth and a strong performance across its portfolio in its first quarter.

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29 Jun 2023 15:49

UK shareholder meetings calendar - next 7 days

Friday 30 June 
Argo Blockchain PLCAGM
Ascent Resources PLCAGM
Bluejay Mining PLCAGM
Caspian Sunrise PLCAGM
Codex Acquisitions PLCAGM
Domino's Pizza Group PLCGM re amendments to Company's 2022 Long Term Incentive Plan
Evraz PLCAGM
Fenikso LtdAGM
Fiinu PLCAGM
FireAngel Safety Technology Group PLCAGM
GENinCode PLCAGM
Hemogenyx Pharmaceuticals PLCAGM
Hiro Metaverse Acquisitions I SAAGM
i3 Energy PLCGM re premium share cancellation
ImmuPharma PLCAGM
Inspired PLCAGM
Jadestone Energy PLCAGM
Kanabo Group PLCAGM
Kefi Gold & Copper PLCAGM
Kistos Holdings PLCAGM
KRM22 PLCAGM
Kropz PLCAGM
LoopUp Group PLCAGM
Medica Group PLCAGM
Mirriad Advertising PLCAGM
Nostrum Oil & Gas PLCAGM
Pendragon PLCAGM
Rockfire Resources PLCAGM
Savannah Energy PLCAGM
Strip Tinning Holdings PLCAGM
ThomasLloyd Energy Impact Trust PLCAGM
URA Holdings PLCAGM
World Chess PLCAGM
Monday 3 July 
Pacific Assets Trust PLCAGM
Rotala PLCGM re proposed disposals
Tuesday 4 July 
Airtel Africa PLCAGM
Marks & Spencer Group PLCAGM
Strix Group PLCAGM
Versarien PLCGM re capital raise
Wednesday 5 July 
AdvancedAdvT LtdAGM
Bonhill Group PLCAGM
Burford Capital LtdAGM
Capital Gearing Trust PLCAGM
Clarify Pharma PLCAGM
Eneraqua Technologies PLCAGM
i(x) Net Zero PLCAGM
Thursday 6 July 
3i Group PLCAGM
3i Infrastructure PLCAGM
Great Portland Estates PLCAGM
J Sainsbury PLCAGM
Katoro Gold PLCAGM
Land Securities Group PLCAGM
Mining, Minerals & Metals PLCAGM
Peel Hunt LtdAGM
Severn Trent PLCAGM
Workspace Group PLCAGM
Young & Co's Brewery PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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10 May 2023 09:51

3i Infrastructure beats total return expectations; raises dividend

(Alliance News) - 3i Infrastructure PLC on Wednesday said profit was down despite reporting a total return ahead of expectations.

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31 Mar 2023 12:52

3i Infrastructure backs dividend target; expects Attero bid interest

(Alliance News) - 3i Infrastructure PLC on Friday backed its dividend target and hailed "strong growth momentum" in its portfolio.

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10 Feb 2023 09:31

3i Infrastructure raises GBP100 million via placing of shares

(Alliance News) - 3i Infrastructure PLC on Friday said it raised proceeds of GBP100 million, following a placing of shares announced on Monday.

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6 Feb 2023 09:02

LONDON MARKET OPEN: New US-China flare-up, rate hike worry hit shares

(Alliance News) - Stock prices in London opened the week lower on Monday, as renewed tensions between the US and China and revived interest rate fears dented risk appetite.

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6 Feb 2023 08:43

IN BRIEF: 3i Infrastructure to pay down debt via share placing

3i Infrastructure PLC - Jersey-based infrastructure investment trust - Announces a proposed placing of new shares at 330 pence each. The infrastructure investment firm doesn't say the amount it hopes to raise but says the funds will be used to pay down drawings on its revolving credit facility, and as liquidity for future investment. The placing price represents a 3.4% discount to its closing share price of 341.50 pence on Friday. Placing is expected to close at noon on Thursday.

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6 Feb 2023 07:45

LONDON BRIEFING: Germany sees rise in large-scale manufacturing orders

(Alliance News) - Stocks in London were called lower on Monday, after a stronger-than-expected US jobs print on Friday that investors fear may provoke the hawks at the Federal Reserve.

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6 Feb 2023 07:10

3i Infra in share placing

(Sharecast News) - International infrastructure investor 3i on Monday said it planned to raise cash to pay down debt and finance new deals.

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20 Jan 2023 09:25

LONDON BROKER RATINGS: Bank of America raises Asos, boohoo to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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